US EditionEndeavour Group Faces Strategic Reset: RBC
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Endeavour Group Faces Strategic Reset: RBC
RBC Capital Markets has initiated coverage on Endeavour Group with a “sector perform” rating and a $4.40 share price target. While acknowledging the company’s dominant market position, RBC warned that Endeavour has “strategically lost its way in recent years”. Analyst Michael Toner noted that efforts to simplify the business and refocus on execution, coupled with a new CEO, could establish a base for a reset. Toner said that the incoming CEO, Ja…
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